Stocks

Erebor, the digital bank co-founded by Palmer Luckey and backed by Peter Thiel, has reportedly raised $350 million at a $4.35 billion post-money valuation led by Lux Capital. The company recently obtained conditional approval from the OCC and a 12‑month deposit insurance approval from the FDIC, moving it closer to full bank status with a focus on crypto, AI and stablecoin-related services.

ETHZilla disclosed in a late Friday filing that it sold 24,291 ETH at an average price of about $3,068, raising roughly $74.5 million to redeem senior secured convertible notes, with early redemptions set for Dec. 24 and Dec. 30. After the sale, holdings fell to about 69,800 ETH, and the company retired its mNAV tracker to emphasize balance sheet strength, revenue, and tokenization cash flow.

ETHZilla disclosed in a U.S. regulatory filing that it sold 24,291 ETH for $74.5 million at an average price of $3,068.69 per token to reduce its senior secured convertible notes. The firm, which rebranded from 180 Life Sciences Corp on July 29 and shifted to an Ether-focused strategy, now holds about 69,800 ETH, while its shares have fallen sharply amid a broader crypto market pullback.

According to U.Today, BitMine's Ethereum treasury has exceeded 4 million ETH, representing roughly 3.37% of the total supply. The firm added over 500,000 ETH in the past 30 days and began its aggressive accumulation in early July 2025, while a Fundstrat outlook now projects ETH at $1,800–$2,000 in H1 2026, posing potential risks to its NAV.

Italy's Competition Authority (AGCM) imposed a €98.6 million ($115 million) fine on Apple after a probe launched in May 2023, citing App Store policies tied to App Tracking Transparency. The 199-page ruling orders Apple to halt the conduct and report compliance within 90 days, while the company says it will appeal.

Alphabet said on December 22, 2025 it will acquire Intersect for $4.75 billion in cash and assume the company's debt. The deal is intended to accelerate data center and power capacity, with closing targeted for the first half of 2026 and Intersect continuing to operate independently. Texas projects will be a focus of the collaboration.

In 2025, the Indian rupee has turned into Asia's weakest-performing currency as it dropped from 85.64 to 89.6 against the U.S. dollar, with some forecasts pointing to 92 by the end of March. Heavy foreign portfolio outflows, high U.S.-bound tariffs and uncertainty over a trade agreement with Washington have pressured the currency, even as the central bank has reportedly intervened to slow the decline. Analysts argue the rupee looks undervalued and see potential benefits for exports, but warn that prolonged weakness, policy uncertainty and investor caution could keep it under strain.

On December 22, 2025, Circle CEO Jeremy Allaire said he wants the company to underpin a new internet layer for global money movement. Since its June 5 IPO, Circle launched the Arc Layer 1, partnered with BlackRock, Visa and AWS, and signed a multiyear Intuit deal. Q3 revenue and reserve income reached $740 million.

ChatGPT 5.2 sets out a 2026 investment outlook spanning equities, fixed income, commodities, and crypto. It anticipates uneven but positive growth, cooling inflation, selective equity gains anchored by AI, lower bond yields, resilient credit, strength in metals like copper, a stable oil backdrop, and a maturing crypto market under clearer regulation, with Japan and parts of Europe presenting value.

On December 22, 2025, Strategy disclosed that it raised $747.8M through an at-the-market sale of 4.35M MSTR common shares and allocated the entire amount to its USD reserves, lifting cash holdings to $2.19B. The firm kept its BTC stash at 671,286 BTC after acquiring more than 21K BTC in the prior two weeks, while MSTR traded around $164.82 amid expectations of a potential BTC market recovery. The enlarged cash buffer may support dividend payments for up to two years as Strategy waits for more favorable conditions before resuming large-scale BTC purchases.